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21 May 2024News

Fortitude Re looks within for head of internal audit

Bermuda-based Fortitude Re has promoted Carla Albertze to be senior vice president, head of internal audit. 

As head of internal audit, Carla will be responsible for leading Fortitude Re’s internal audit team to ensure the strength, effectiveness and efficiency of the company’s internal controls, risk management processes, and governance procedures.

Albertze brings a wealth of experience to the role, most recently serving as VP, Internal Audit, where she performed audits in a number of areas including deal pricing, model risk management, system implementations, data migrations, enterprise risk management, and more. 

Albertze joined the life and property casualty re/insurer in 2022 from KPMG, where she focused on performing external audits of SEC registrants. During her tenure at KPMG, she spent five years working with clients in the reinsurance industry in Bermuda.

Albertze is a Certified Chartered Accountant and a member of both the South African Institute of Chartered Accountants and the Chartered Professionals Accountants of Bermuda.

Fortitude Re director and audit committee chair Richard Patching said: “Throughout Carla’s career, she has demonstrated a deep understanding of regulatory requirements, industry best practices and emerging risks, which has positioned her as a trusted leader in industry. 

“Her expertise, coupled with her proven track record of driving efficiency, transparency and accountability will be instrumental to Fortitude Re’s continued success.”

Albertze added: “I am grateful for this opportunity, and I look forward to supporting Fortitude Re in achieving its objectives and further strengthening our strong culture of corporate governance and rigorous internal controls.”

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More on this story

News
5 April 2024   The executive has also become a director of ABIR.
News
21 November 2023   Lincoln National will reinsure a significant portion of its underwriting with Fortitude.
News
23 August 2023   Chief risk officer moves to new chief regulatory officer role.